Filed January 5, 2021
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,121 | $197,591-81.7% | $177,821-79.7% | $158,922-77.3% |
| Participation rate | 85.0% | 88.5%-3.5pp | 87.7%-2.7pp | 82.0%+3.0pp |
| Annual return | 8.05% | 58.76%-50.7pp | 48.32%-40.3pp | 302.83%-294.8pp |
| Employer contribution / active EE | $2,482 | $6,697-62.9% | $5,918-58.1% | $4,761-47.9% |
| Participant deferral / active EE | $1,749 | $8,405-79.2% | $7,714-77.3% | $5,982-70.8% |
| Admin fee / account holder | $15,093 | $15,399-2.0% | $12,427+21.5% | $11,246+34.2% |